Global Long Steel Products Market Size & Outlook
The long steel products industry worldwide is expected to reach a projected revenue of US$ 1,012,105.9 million by 2030. A compound annual growth rate of 3.8% is expected of the worldwide long steel products industry from 2023 to 2030.
Revenue, 2022 (US$M)
$751,574.6
Forecast, 2030 (US$M)
$1,012,105.9
CAGR, 2023 - 2030
3.8%
Report Coverage
Worldwide
Global long steel products market, 2018-2030 (US$M)
Related Markets
Global long steel products market highlights
- The global long steel products market generated a revenue of USD 751,574.6 million in 2022 and is expected to reach USD 1,012,105.9 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 3.8% by 2030.
- In terms of segment, rebars accounted for a revenue of USD 258,416.2 million in 2022.
- Wire Rods is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Kenya is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 751,574.6 million |
| Market revenue in 2030 | USD 1,012,105.9 million |
| Growth rate | 3.8% (CAGR from 2022 to 2030) |
| Largest segment | Rebars |
| Fastest growing segment | Wire Rods |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rebars, Wire Rods, Sections, Tubes |
Other key industry trends
- In terms of revenue, the North America accounted for 9.8% of the global long steel products market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Kenya is the fastest growing regional market and is projected to reach USD 63.3 million by 2030.
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Long Steel Products Market Scope
Long steel products market segmentation & scope
Long Steel Products Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global long steel products market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to long steel products market will help companies and investors design strategic landscapes.
rebars was the largest segment with a revenue share of 34.38% in 2022. Horizon Databook has segmented the Global long steel products market based on rebars, wire rods, sections, tubes covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Long Steel Products Product Outlook (Revenue, USD Million, 2018-2030)
- Rebars
- Wire Rods
- Sections
- Tubes
- Global Long Steel Products End-Use Outlook (Revenue, USD Million, 2018-2030)
- Building & Construction
- Automotive & Aerospace
- Railways & Highways
- Others
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Target buyers of Global long steel products market databook
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Our clientele includes a mix of long steel products market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global long steel products market , including forecasts for subscribers. This global databook contains high-level insights into Global long steel products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global long steel products market outlook statistics, by region, 2018-2030 (US$M)
Top 10 countries: Long steel products market size, 2022 (USD Million)
Top 10 countries: Long steel products market size, 2022 (USD Million)
Global long steel products market, by region, 2022 (US$M)
Related regional statistics
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